debt
confidence high
sentiment neutral
materiality 0.50
Unitil subsidiary Bangor issues $32M in senior notes at 5.70% and 6.31%
UNITIL CORP
- Bangor Natural Gas issued $14M of 5.70% Senior Notes due 2030 and $18M of 6.31% Notes due 2035.
- Proceeds will refinance existing debt of Unitil and for general corporate purposes.
- Notes sold to CoBank and United of Omaha Life Insurance Company in a private placement.
- Notes contain customary covenants and events of default; unregistered under Securities Act.
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